Potential Price Increase for Shimmick Corp (SHIM) After Recent Insider Activity

Shimmick Corp’s recently made public that its Affiliate Goldsteen Mitchell B. acquired Company’s shares for reported $38379.0 on Jul 22 ’25. In the deal valued at $2.10 per share,18,316 shares were bought.

Then, Goldsteen Mitchell B. bought 800 shares, generating $1,730 in total proceeds.

Before that, Goldsteen Mitchell B. sold 8,558 shares. Shimmick Corp shares valued at $18,828 were divested by the Director at a price of $2.20 per share. As a result of the transaction, Goldsteen Mitchell B. now holds 21,313,922 shares, worth roughly $43.91 million.

ROTH MKM downgraded its Shimmick Corp [SHIM] rating to a Neutral from a a Buy in a research note published on May 14, 2024; the price target was decreased to $3.50 from $9. A number of analysts have revised their coverage, including Craig Hallum’s analysts, who decreased its forecast for the stock in mid May from “a Buy” to “a Hold”. ROTH MKM began covering SHIM with “Buy” recommendation on December 11, 2023. Craig Hallum started covering the stock on December 11, 2023. It rated SHIM as “a Buy”.

Price Performance Review of SHIM

On Tuesday, Shimmick Corp [NASDAQ:SHIM] saw its stock fall -3.74% to $2.06. Over the last five days, the stock has gained 0.98%. Shimmick Corp shares have fallen nearly -34.60% since the year began. Nevertheless, the stocks have fallen -20.46% over the past one year. While a 52-week high of $4.94 was reached on 01/06/25, a 52-week low of $1.30 was recorded on 04/09/25.

Levels Of Support And Resistance For SHIM Stock

The 24-hour chart illustrates a support level at 1.94, which if violated will result in even more drops to 1.83. On the upside, there is a resistance level at 2.23. A further resistance level may holdings at 2.41.

How much short interest is there in Shimmick Corp?

A steep rise in short interest was recorded in Shimmick Corp stocks on 2025-06-30, growing by 26164.0 shares to a total of 57550.0 shares. Yahoo Finance data shows the prior-month short interest on 2025-05-30 was 31386.0 shares. There was a rise of 45.46%, which implies that there is a positive sentiment for the stock.

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